| ANSS latest price $29.9200 (2.64%) ($28.9400 - $29.9300) on Wed. Dec. 10, 2008. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.51% (three month average) |
RSI | 59 |
Latest Price | $29.9200(2.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ANSS advances 1.4% a day on average for past five trading days. |
Weekly Trend | ANSS advances 3.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ANSS advance at 0% a week (0% probability) QQQ(72%) XLK(72%) SPY(70%) XLY(67%) IWM(64%) |
Factors Impacting ANSS price | ANSS will decline at least -2.755% in a week (0% probabilities). TLT(-21%) SHY(-10%) TIP(-3%) GLD(4%) LQD(12%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.755% (StdDev 5.51%) |
Hourly BBV | 0 () |
Intraday Trend | 2% |
| |
|
|